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Robi registers record earnings amidst leadership in 4G

Long term sustained investment by Robi is beginning to produce the desired results as the company closed 2023 with record earnings. This stellar performance reflects the level of trust Robi’s subscribers have placed on its country-wide strong network.

Magnitude of Robi’s financial performance gets clearer when you consider that the company has registered the highest revenue growth among all telecom operators in the Asia Pacific region in the second and third quarters of 2023. Robi disclosed this information while publishing its financial performance for 2023.

Robi’s significant investment in network expansion over the last year has helped to reduce the call drop rate to only 0.2%, which is way lower than the parameters set by the International Telecommunication Union (ITU). This indicates that Robi consistently ensured its quality of services across the country.

Propelled by the best video streaming service in the industry, the company has retained leadership in 4G service. Besides, it has added the highest number of new subscribers in the industry in 2023.

Including 2,511.2 crore taka revenue in Q4’23, Robi’s total revenue for 2023 reached 9,942 crore taka. This was the highest ever in Robi’s history. Besides, including 148.6 crore taka profit after tax (PAT) in Q4’23, Robi closed 2023 with 321 crore taka PAT.

 

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